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OnTheMarket has this afternoon informed agents signed up to its service that OnTheMarket Software, formerly teclet, is to cease operation. The move comes as a major surprise given that OnTheMarket Software only launched two years ago as part of OTM’s…

Aman Singh (left) and Inde Dhillon Northwood Newcastle has completed on its second acquisition of the year after concluding a deal to buy Urban BASE on Saddler Street in Durham. Following on from their acquisition of Moving Homes in North…

DJ Alexander has opened a new office in Shawlands in Glasgow. The new branch, located at 313 Kilmarnock Road, employs 14 people and highlights the firm’s commitment to Glasgow sales and lettings property market. Catherine Bruce, DJ Alexanders’ sales and…

High housing supply is being offset by slow completions, with economic and political uncertainty impacting progress in the market causing buyers to exercise caution and wait for more favourable financial conditions before committing to mortgages, according to a new report.…

Britain’s rental market could shrink dramatically if the government pushes ahead with a capital gains tax (CGT) raid, research shows. A new study reveals that one million rental homes could be sold in the next decade if CGT is increased.…

In the third quarter of this year, the market share of exchanges among self-employed agents grew by 8.1%, while year-on-year growth is 22.8%, new figures show.  Since 2019, the self-employed market share of exchanges has grown more than 7.5 times, demonstrating how…

Richard Donnell Budget time always brings debate about tax and housing and what this means for decision-making on property sales volumes and values. When it comes to tax, recent governments have focused on how to raise revenues more than focus…

Nathan Emerson Propertymark has warned of the unintended consequences of the current Renters’ Rights Bill, which in practice feels will potentially damage the sector and ultimately compound issues that renters already face. Over the last decade, the English private rented…

The average first-time buyer mortgage payment is still over £350 more than five years ago, according to the latest mortgage snapshot from Rightmove. Data from the property portal’s weekly mortgage tracker shows that the average monthly mortgage payment for a…

A Conservative MP has expressed fresh concerns that landlords could sell up and reduce the supply of much-needed private rented stock as a result of the new Renters’ Rights Bill (RRB). Rebecca Smith told MPs during this…